We are inviting expressions of interest for an exceptional investment opportunity at 23 Montgomery Way, Malaga. This prime warehouse facility is leased to the well-established Steelmakers Pty Ltd, offering a solid annual return of $360,000 per annum plus outgoings, with excellent potential for future growth.
Key Property Details:
• Tenant: Steelmakers Pty Ltd (reliable steel industry leader)
• Annual Rental Income: $360,000 + outgoings
• Land Area: 7,932 sqm
• Warehouse Area: 3,054 sqm (approx.)
• Lease Term: 3-year lease with two 3-year options
• Lease Start Date: 1st January 2024
• Rent Reviews: CPI adjustments throughout, Market at options
Additional Highlights:
• Prime Industrial Location: The property is situated just 15 km from Perth CBD and 17 km from Perth Airport, offering strategic access to major transport routes.
• Excellent Transport Links: Close proximity to major highways including Reid Highway, Tonkin Highway, and Perth's major freight network, enhancing its logistics potential.
• Significant Infrastructure Investment in the Area: Malaga is experiencing continued growth, with recent and planned infrastructure upgrades further boosting the area's appeal for industrial tenants.
• Location & Market Overview: Situated in the thriving industrial hub of Malaga, this property benefits from strong demand for warehousing and logistics spaces. With excellent accessibility and a growing business environment, Malaga continues to be a sought-after location for industrial investments.
Investment Highlights:
• Stable Income Stream: Steelmakers Pty Ltd, a reliable tenant with a long-standing reputation.
• High Yield Potential: Offering a robust annual rental income of $360,000 plus outgoings.
• Strategic Growth Prospects: Positioned in a rapidly growing industrial precinct, ensuring long-term capital appreciation and rental growth.
This is an outstanding opportunity to secure a high-quality asset in a sought-after location with strong tenant stability and attractive returns.
For further details or to express your interest, please contact us today.
Daniel Saad - 0449 818 187 or [email protected]
Christopher Tana - 0437 158 255 or [email protected]
This commercial property at 23 Montgomery Way, Malaga is listed for sale by Christopher Tana and Daniel Saad at ProProperty Group.
It has been described by the agent as ‘Prime Warehouse Facility’.
If you would like to get in touch with Christopher Tana or Daniel Saad regarding 23 Montgomery Way, Malaga, please call Christopher on 0437 158 255 or call Daniel on 0449 818 187, or contact the agent via email.